Net worth update per
This is r46n4r0k's first net worth update, hence it will be limited. Later updates will contain more details. Please check out my profile here for more information. As of , my net worth was AUD 764,724 and my FI portfolio was AUD 614,699.
Net worth
AUD 764,724
FI portfolio
AUD 614,699
I am now 51.2% on my way to achive my FIRE target of AUD 1,200,000.
AUD 614,699 FIRE target: AUD 1,200,000
FI portfolio
My FI portfolio now consists of AUD 14,540 (2.4%) in investments, AUD 350,559 (57.0%) in retirement accounts, and AUD 249,600 (40.6%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be AUD 2,048 for the rest of my life.
Retire today with (AUD)
When can I retire?
FI date
My age
54
I am currently aiming to save/invest
approximately AUD
2,000
each month.
Assuming an annual return of
7% on my investments and my retirement accounts, I
aim to reach my FIRE target
of AUD 1,200,000
in 7 years and 7 months,
in , and at that time I will be
54 years old.
By that time I will have invested/saved
another AUD 196,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total AUD
389,301